AGESF (Ageas/ NV) Claims Ratio %: 0.00% (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AGESF Ageas SA/ NV AGESF
65 GF Score
Price $79.04
GF Value $66.50
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Ageas/ NV Claims Ratio %?

Ageas/ NV AGESF 65 Claims Ratio % is 0.00% as of . 20. GuruFocus rates AGESF with a GF Score™ of 65/100 and a GF Value™ of $66.50 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Claims Ratio % is the percentage of claims costs incurred in relation to the premiums earned.

The historical rank and industry rank for Ageas/ NV's Claims Ratio % or its related term are showing as below:

AGESF's Claims Ratio % is not ranked *
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Claims Ratio % only.

Ageas/ NV  (OTCPK:AGESF) Claims Ratio % Explanation

Claims Ratio % the percentage of claims costs incurred in relation to the premiums earned during the period. It is the equivalent of gross profit margin for an insurance company.

It's important to note that insurance is the business of managing risks and, to do that well, the insurer needs a thorough understanding of the incurred claims ratio. If the value is higher than expected or above established norms, then further investigation is required to figure out why that is (eg: fraud). If it is lower than expected, it could indicate irrelevant products or difficulties in claiming, possibly affecting customer satisfaction.

Ageas/ NV Claims Ratio % Related Terms

Ageas/ NV Claims Ratio % Historical Data

* Premium members only.

The historical data trend for Ageas/ NV's Claims Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ageas/ NV Claims Ratio % Chart


AGESF
65GF Score
Ageas SA/ NV AGESF
Claims Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ageas/ NV  (OTCPK:AGESF) Claims Ratio % Calculation

Claims Ratio % is calculated as

Claims Ratio %=Total Claims / Total Premiums Earned * 100%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions
What does a Claims Ratio % of 0.00% mean?
Ageas/ NV (AGESF) has a Claims Ratio % of 0.00% as of . 20. Claims Ratio is the percentage of claims costs incurred in relation to the premiums earned. View historical data on Ageas/ NV and its competitors.
Is Ageas/ NV's Claims Ratio % too high?
Ageas/ NV's current Claims Ratio % is 0.00%. Overall, Ageas/ NV has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ageas/ NV's Claims Ratio % compare to BRK.A and AIG?
Ageas/ NV's Claims Ratio % of 0.00% can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Claims Ratio % for an Insurance company?
A good Claims Ratio % depends on the Insurance industry context. However, Claims Ratio % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Claims Ratio % mean?
A high Claims Ratio % can signal that a stock is expensive relative to its fundamentals. Claims Ratio is the percentage of claims costs incurred in relation to the premiums earned. View historical data on Ageas/ NV and its competitors. Ageas/ NV's current Claims Ratio % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ageas/ NV stock overvalued right now?
Based on GuruFocus' analysis, Ageas/ NV (AGESF) is currently considered Modestly Overvalued. The stock's GF Value™ is $66.50, compared to a current price of $79.04 — trading 18.9% above its estimated fair value. The current Claims Ratio % is 0.00%. Ageas/ NV's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Claims Ratio % calculated?
Claims Ratio % is calculated from a company's financial statements. For Ageas/ NV (AGESF), the current Claims Ratio % is 0.00% as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ageas/ NV (AGESF) Overvalued in 2026?

Based on GuruFocus' analysis, Ageas/ NV stock appears to be overvalued. The current stock price of $79.04 is trading 18.9% above its estimated GF Value™ of $66.50. GuruFocus considers Ageas/ NV to be Modestly Overvalued.

Key valuation signals for AGESF:

  • Claims Ratio %: 0.00%
  • GF Value™: $66.50 vs. price of $79.04 (18.9% above fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the AGESF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ageas/ NV Business Description

Address Avenue Du Boulevard 21, Manhattan Center, Saint-Josse-ten-Noode, Brussels, BEL, 1210
Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and overly ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralized debt. As Fortis' capital began to decline, the company initiated a rights issue, and suspended the dividend. As Fortis' share price began to decline and financial market conditions continued to deteriorate, with a series of leadership changes, customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgian government. It also spun off its asset management and insurance units which later became Ageas.
65GF Score

Get the complete analysis for AGESF

Claims Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$79.04
Price
$66.50
GF Value